Ancient agreement of Broncos sale goes to court
Durango, Colorado Currently Fri
Right of first refusal in team sale at issue By Arnie Stapleton AP Pro Football Writer
Tuesday, Jan. 26, 2021 7:27 PM
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ENGLEWOOD – The parent companies of the Denver Broncos are asking a Denver County District Court judge to rule the former owner’s estate no longer has the right of first refusal to any potential sale of the $3.5 billion franchise.
The lawsuit comes in response to a May 2020 letter lawyers for PDB Sports Ltd. and Bowlen Sports Inc. received from ROFR Holdings in Vancouver suggesting it had the right to match any offer in the event the team is sold.